Global Luxury Massage Chair Market – Industry Trends and Forecast to 2029

Global Luxury Massage Chair Market, – By Nature (Traditional Massage Chairs, Robotic Massage Chairs), Product Type (Heated Massage Chairs, Inversion Massage Chairs, Zero Gravity Massage Chairs, Full Body Massage Chairs, Air Massage Chairs), Application (Commercial User, Residential User), Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, E-commerce, Others) – Industry Trends and Forecast to 2029

Luxury Massage Chair Market Analysis and Size

The rising popularity of shiatsu massage model is one of the major luxury massage chair market trends. Shiatsu massage is a Japanese massage therapy that includes massage techniques using palms, fingers and thumbs for joint manipulation, stretching and mobilization. It includes applying pressure to the affected parts of the body, leading to mental and physical well-being, alleviation of discomfort and treatment of diseases.  Furthermore, the rising demand for the luxury massage chair in several regions across the globe due to growing awareness regarding numerous massage therapies which are helpful for all types of stress and pain treatment among individuals is a major factor anticipated to drive the growth of the luxury massage chair market during the forecast period of 2022-2029.

Global luxury massage chair market was valued at USD 106.65 million in 2021 and is expected to reach USD 140.44 million by 2029, registering a CAGR of 3.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Report Scope and Market Segmentation

Market Definition

Luxury massage chair is mainly used for body massage by residential and commercial users as per their requirement to relive mental or physical stress, body pain and fitness and health related issues. The luxury massage chair chairs have additional benefits, such as massage pillow pad, adjustable foot and armrests, Bluetooth connectivity, remote control etc. Some of the common luxury massage chair variants include targeted massage parts, inversion massage chairs, zero gravity massage chairs etc. These chairs help reduce back pain, relieve joint aches, minimize pressure on the heart and lungs, provide relaxation, and improve blood circulation.

Luxury Massage Chair Market Dynamics

Drivers

• Growing preference of consumers towards massage therapy

Increasing consumer preference towards the massage therapy because of many health benefits which is associated with luxury massage chair such as poor blood circulation, prevention of anxiety, high blood pressure, reduced symptoms of cancer, and depression are some major factors which are expected to boost the growth of the luxury massage chair market.

• Increasing advantages of luxury massage chair

The luxury massage chair also provides other complimentary therapies such as physiotherapy, acupressure and aromatherapy which becomes an integrated part of this chair and reducing the mental and physical stress. As a result, the consumers are opting for massage therapies, and this is anticipated to fueling the growth for luxury massage chair market.

Furthermore, the growing demand for luxury massage chair in several regions overall the globe due to increasing awareness regarding the several massage therapies which are helpful  for all types of pain and stress treatment is also fueling the growth of the luxury massage chair market during forecast period of 2022 to 2029.

Opportunities

• Rising penetration of e-commerce sector

The e-commerce sector projected to witness significant growth of the luxury massage chair during the forecast period due to increasing penetration of e-commerce industry, smartphones and internet across the globe which increase the sales of the luxury massage chair. Furthermore, various facilities and attractive discounts provided by retailers of luxury massage chair on e-commerce platform such as, easy exchange and return, free shipping, product price comparison, and home delivery will create immerse opportunities for the growth of the luxury massage chair in upcoming period.

Restraints/Challenges

• Heavy wright of luxury massage chair

The heavy weight of the luxury massage chair has challenged the growth of the market. Sometimes people don't fit in the chair due to the small size or due to their weight, which is the biggest problem for the luxury massage chair market. This put onward the need for customized massage chair for every manufacturers and individual encounter challenges in developing the same.

Moreover, numerous alternatives at variable prices and high cost associated with luxury massage chairs are the major restraining factor for luxury massage chair market, whereas the, COVID-19 pandemic have the potential to challenge the growth of the luxury massage chair market during the forecast period.

This luxury massage chair market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the luxury massage chair market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Luxury Massage Chair Market

The outbreak of COVID-19 pandemic has adversely impacted the luxury massage chair market. The global luxury massage chair market is a part of professional and commercial services of the industrial sector. Most companies which is operating in this sector were impacted by decline in government finances and deteriorating macroeconomic trends. This resulted in reduced order outlook, execution challenges, and a decrease in the working capital for the professional and commercial services industry group. The healthcare sector has been impacted due to the lockdowns and shutdown which has imposed by government to during the pandemic, which has also slightly impacted the demand for luxury massage chair, such as luxury massage chairs. The supply chain has been disrupted during COVID-19. Thus, the demand for luxury massage chairs, among the commercial and residential end-user segments declined.

Global Luxury Massage Chair Market Scope

The luxury massage chair market is segmented on the basis of product type, nature, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Nature

• Traditional Massage Chairs
• Robotic Massage Chairs

Product Type

• Heated Massage Chairs
• Inversion Massage Chairs
• Zero Gravity Massage Chairs
• Full Body Massage Chairs
• Air Massage Chairs

Application

• Commercial User
• Residential User

 Distribution Channel

• Specialty Stores
• Hypermarkets/Supermarkets
• E-commerce
• Others

Luxury Massage Chair Market Regional Analysis/Insights

The luxury massage chair market is analysed and market size insights and trends are provided by country, product type, nature, application and distribution channel as referenced above.

The countries covered in the luxury massage chair market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of revenue and market share during the forecast period. The market growth over this region is due to the increasing penetration of luxury massage chairs in developed nations in this particular region.

Asia-Pacific is projected to be the highest growing region during the forecast period of 2022-2029 due to the increase in body pain and stress level amongst working professionals in several countries such as Japan, India and China within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Luxury Massage Chair Market Share Analysis

The luxury massage chair market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to luxury massage chair market.

Some of the major players operating in the luxury massage chair market are

• BODYFRIEND (South Korea)
• Cozzia USA (U.S.)
• Daito Denki Industry Co., Ltd. (Japan)
• Family Inada Co., Ltd. (Japan)
• FUJIIRYOKI (Japan), Human Touch LLC (U.S.)
• Infinity (France)
• Kahuna Massage Chair (U.S.)
• Luraco (U.S.)
• Ogawa World USA (U.S.)
• OSIM International Pte. Ltd. (Singapore)
• FFL Brands. (U.S.)
• Shanghai Rongtai Health Technology Corporation Limited (China)
• Johnson Health Tech (U.S.)
• JSB Healthcare. (India)
• U Fit Fitness Equipment (India)
• Arogya Health Care (India)